(Bloomberg) -- China Water Affairs Group Ltd., a
Hong Kong-listed water and sewage company, raised HK$650 million
($83 million) selling bonds convertible into its shares,
according to an e-mail sent to investors.
Investors can exchange the securities, which mature in five
years, for China Water's shares at HK$7 each, 28 percent higher
than yesterday's closing price, the e-mail shows. Singapore-based
DBS Group Holdings Ltd. managed the sale.
Read more at Bloomberg Bonds News
Hong Kong-listed water and sewage company, raised HK$650 million
($83 million) selling bonds convertible into its shares,
according to an e-mail sent to investors.
Investors can exchange the securities, which mature in five
years, for China Water's shares at HK$7 each, 28 percent higher
than yesterday's closing price, the e-mail shows. Singapore-based
DBS Group Holdings Ltd. managed the sale.
Read more at Bloomberg Bonds News
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